ANGELOS PROFILED: ORIOLES OWNER A "SHREWD NEGOTIATOR"

February 24, 1998

Orioles Owner Peter Angelos is profiled by Peter
Schmuck of the Baltimore SUN in the first of a three-part
series on the team's front office. Angelos "is a shrewd
negotiator with a knack for getting what he wants and a
stubborn streak when it comes to doing what he thinks is
best for business." He has "steered" the Orioles "into
regular contention and -- it appears -- into a new era of
stability and tranquility." Angelos, on the team's payroll:
"We might end up with the highest payroll in baseball, but
it won't be comprised of players who make $10-$12M per year.
... Baseball cannot support $10 million players unless
baseball reaches the average ticket level of basketball,
football and hockey, which is two to three times the average
ticket price of baseball" (Baltimore SUN, 2/24).